IEI appoints Ayeni as interim MD following Irene’s resignation
Zainab Iwayemi
January 27, 2021
By Zainab Iwayemi Awaits NIACOM’s approval of new MD International Energy Insurance (IEI), the Nigerian energy-focused insurance company for offshore and onshore risks, as well as general insurance business, has appointed EbunoluAyeni as acting managing director of the company following the resignation ofits former chief executive, Peter Irene, which took effect from December 2020. […]
Morrison Industries taps Oladejo, business consultant, as MD to drive expansion plans
Charles AbuedeJanuary 21, 2021
By Charles Abuede Adesoji Akinola Oladejo has been appointed by the board of Morrison Industries, a publicly traded pharmaceutical company in Nigeria, as the company’s new managing director. Oladejo is expected to lead the company and drive its expansion ambitions, its expertise and business process. In a regulatory disclosure signed by Abosede Agbetu, the […]
Coca-Cola appoints Olajide VP/MD, Nigeria operations, in global restructuring
Onome AmugeJanuary 12, 2021
By Onome Amuge The management of The Coca-Cola Company has confirmed the appointment of Alfred Olajide as its new vice president and managing director of operations in Nigeria following a global restructuring aimed at furthering the leading multinational beverage company’s aspiration to emerge stronger amidst a fast-changing global business environment. The new structural adjustment […]
FCMB appoints Edun, former CFO, to replace embattled Nuru as CEO
Charles AbudeJanuary 6, 2021
By Charles Abuede The board of First City Monument Bank (FCMB) has tapped Yemisi Edun, its chief finance officer, as replacement for its embattled chief executive officer, Adam Nuru, who has stepped down from the position. FCMB said on Wednesday after issuing a statement concerning the scandal which befell Nuru, its immediate past managing […]
Nigeria bourse’s demutualisation sees Onyema emerge Group CEO, Popoola new CEO
Charles AbuedeJanuary 6, 2021
By Charles Abuede Awe to head independent regulatory arm The mutualisation of The Nigerian Stock Exchange has moved a notch further with the announcement of major appointments of new entities created in the wake of the exercise. Oscar Onyema, current chief executive of the operating bourse, has been appointed the new group chief executive […]
AXA Mansard refreshes board, appoints Kuldeep Kaushik as non-executive director
By Zainab IwayemiJanuary 5, 2021
By Zainab Iwayemi AXA Mansard Insurance Plc, a composite risk underwriting firm, has appointed KuldeepKaushikto the board as a non-executive director following the resignation of Lesley Ndlovu and Thomas Wilkinson, the erstwhile non-executive directors, the company said in a regulatory disclosure filed with The Nigerian Stock Exchange. In the statement signed by Omowunmi Mabel, […]
Neymar, Alison, other Brazilian footballers see market value fall $66m to $456.5m in 2020
Charles AbuedeJanuary 1, 2021
By Charles Abuede The collective market value of Neymar, Allison, Roberto Firmino, Marquinhos, and Casemiro, the five most expensive Brazilian football players, hit $465.5 million in the fourth quarter of 2020, indicating a $66 million slump since the beginning of the year, recently reported data has shown. It is without a doubt that over […]
Union Bank gets new CEO, Okonkwo, as Emuwa retires after 8 years
Charles AbuedeDecember 22, 2020
By Charles Abuede After eight years leading one of Nigeria’s truly old generation banks, Union Bank, Emeka Emuwa, will be retiring as managing director, the board of the bank announced on Monday. The board has also appointed Emeka Okonkwo, executive director in charge of corporate banking, to replace Emuwa when he leaves at the […]
Shell Nigeria Gas CEO leads Nigeria Gas Association to 2022 in oil transition era
Ben EguzozieDecember 17, 2020
Passionate new team faces task to drive Nigeria gas industry in oil transition era Ed Ubong, the managing director of Shell Nigeria Gas (SNG), has emerged president of the Nigeria Gas Association (NGA), the apex voice of the Nigerian natural gas industry. He is set to lead the NGA new executive council […]
NiTA recognises Webb Fontaine, CEO for go-to trade technology solutions
Zainab IwayemiDecember 8, 2020
By Zainab Iwayemi Webb Fontaine, a leading provider of solutions for trade facilitation powered by Artificial Intelligence, has earned dual award as Most Enterprising Tech Company of the Year and Most Enterprising Tech CEO of the Year, for its impact in Nigeria and beyond at the recent Nigerian Technology Award. Nigerian Technology Award (NiTA) […]